Skechers USA (SKX) Tops Q2 EPS by 3c; Offers FY22 Guidance

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Skechers Announces Record Second Quarter 2022 Sales

July 26, 2022 4:05 PM EDT

LOS ANGELES--(BUSINESS WIRE)-- SKECHERS U.S.A., Inc. (Skechers or the Company) (NYSE: SKX), The Comfort Technology Company and a global footwear leader, today announced financial results for the second quarter ended June 30, 2022.

Second Quarter Highlights

Record quarterly sales of $1.87 billion, a year-over-year increase of 12.4% Wholesale sales grew 18.3% Direct-to-Consumer sales grew 4.3% Diluted earnings per share of $0.58 Repurchased $24.2 million of common stock

Skechers achieved a new quarterly sales record of $1.87 billion, a significant accomplishment especially given the macroeconomic... More